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NORTH MIAMI BEACH, FL-Five companies signed for between 49,300 sf and 112,000 sf in recent deals handled by one brokerage firm. The leases are worth at least an estimated $12 million and total 319,300 sf.
FORT LAUDERDALE, FL-The company signed for five years at Bank of America Plaza at Las Olas City Centre here. Net rental rates in the building are $18.75 to $25 per sf. The company plans to move Oct. 1.
FORT LAUDERDALE, FL-Jesse Gaddis and Jack Loos are developing the local $35-million project, called Harbor Shops. The center will be anchored by Publix. It is scheduled to be completed next fall.
MEDLEY, FL-The company has paid $1.05 million for a 55,000-sf tract of land at Beacon Station where it plans to build a gas station, car wash and mini-mart. Also, the same buyer recently bought another piece of land at the business park where it is developing a similar facility.
MEDLEY, FL-The distributor of after-market automotive collision replacement parts is moving a few miles away to Beacon Station in a 10-year deal worth an estimated $5.72 million. The company plans to move in November.
DEERFIELD BEACH, FL-The international airline parts distributor plans to use the space at Quorum Business Center here for an additional distribution location. The five-year lease is worth an estimated $913,275.
RIVIERA BEACH, FL-The two-building, class A flex distribution property here was built in 1985 and 1987 and totals 145,800 sf. The loan, with a 75% loan-to-value ratio and pricing based on the 10-year Treasury rate, was originated by Les Goldberg of Cohen Financial.
MIAMI-Several of the leases are new deals for the business park. The new leases have an estimated combined value of $2.3 million and the largest lease was by Suncoast Post Tension, which is taking 38,648 sf in a long-term deal.
FORT LAUDERDALE, FL-The 77,000 net rentable-sf property, a failed restaurant/entertainment project here that's been vacant for more than three years, is being upgraded and converted into a first-class, primarily office center for marine and yachting-related businesses.
MIAMI-Construction on the 22-story, 119-unit, $40-million luxury condominium tower planned here is expected to begin soon and slated for completion in spring 2005. Units are priced from $240,000 to $500,000. The developer is A.R. Development Group.
From Placer.ai
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Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource